China kept its benchmark lending rates unchanged for the third straight month on Monday, as a weaker yuan and persistent capital outflows continued to limit Beijing's ability to ease monetary…
Category: Business
Irish consumer sentiment dips slightly on tech job losses
Irish consumer sentiment dipped slightly in November as people grew concerned about job losses in the country's tech sector, a survey showed on Monday. The Credit Union Consumer Sentiment index…
Don’t doubt the dollar
A look at the day ahead in Asian markets from Jamie McGeever. Reports of the dollar's decline may have been greatly exaggerated, and if that turns out to be the…
Wall St Week Ahead With Black Friday ahead, investors look to U.S. consumer stocks
As the most important shopping period of the year approaches, some investors are betting shares of beaten-down consumer stocks will benefit if inflation keeps falling and retail sales stay strong.…
Cellnex says inflation has shut down European phone masts market
The European mobile towers market is "pretty much closed" as rising inflation makes it harder for companies to finance new deals and the availability of assets declines, the chief executive…
Ex-Bundesbank boss Weidmann to be nominated as Commerzbank supervisory board head
Former Bundesbank chief Jens Weidmann is to be a candidate to become chairman of Commerzbank's (CBKG.DE) supervisory board after Helmut Gottschalk decided not to stand for a new term in…
Volkswagen-SAIC venture to close manual transmission plant in China
A manual transmission plant owned by Volkswagen's (VOWG_p.DE) joint venture with SAIC Motors (600104.SS) will close next March, the carmaker said on Friday. The news was communicated to staff this…